The post Bitcoin Leverage Reset Deepens as Traders Pull Back After $9B Open Interest Drop appeared on BitcoinEthereumNews.com.

TLDR: Bitcoin open interest dropped over $9B since October 10, signaling a leverage reset. Traders remain cautious, avoiding new leveraged positions on major exchanges. Allegations of Binance triggering forced ADL liquidations have surfaced online. Bitcoin stabilizes near $100K as reduced leverage limits volatility. Bitcoin’s derivatives market just went through one of its sharpest resets in years.  Open interest across major exchanges has plunged more than at any point this cycle, according to data shared by analyst CryptosRus. Since the October 10 liquidation event, Binance has seen a $4 billion decline, Bybit is down $3 billion, and Gate has dropped over $2 billion.  The decline shows traders aren’t rushing back to use leverage. Market volatility has cooled, leaving Bitcoin trading in tight ranges near the $100,000 level. BITCOIN JUST HAD ITS LARGEST OPEN INTEREST MELTDOWN Since the October 10 liquidation event, #Bitcoin open interest has dropped more than at any point in this cycle. Binance is down $4B in OI, Bybit is down $3B+, and Gate is down $2B+. Traders have not rushed back in with… pic.twitter.com/VdFYCPDO4W — CryptosRus (@CryptosR_Us) November 6, 2025 Leverage Wipeout Leaves Bitcoin Market in Reset Mode The market’s slow rebound reflects a lingering lack of conviction.  Historically, leverage tends to rebuild quickly after liquidation events. This time, however, traders appear to be waiting on the sidelines. The absence of new leveraged positions has reduced short-term volatility, leading to slower and more controlled price movements. Analysts say this dynamic signals a healthier phase for Bitcoin. With fewer aggressive positions, sudden cascades become less likely. That creates a more stable base for future rallies. Yet, it also limits near-term upside momentum, leaving price action choppy and less directional. On social platforms, some traders claim deeper forces were at play. User Mr. Wall Street alleged that the October 10…

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Filed under: News - @ November 6, 2025 6:23 am